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The Ramsey Show Highlights

I’m Struggling To Keep My Finances Above Water

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 24 November 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

📈 Are you on track with the Baby Steps? Get a Free Personalized Plan 📱Download your free Ramsey Network app today! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 💵 Start your free budget today. Download the EveryDollar app! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.9

Yeah, so I was actually calling. I live paycheck to paycheck, man. I make like right under 40 grand a year.

0:13.8

My wife doesn't work. She stays at home with the kids. I've cut costs, I mean, as much as possible,

0:20.7

and we're still just not really saving any money.

0:24.5

Like, I just feel like I'm beating my head against the wall and I'm trying to get us into a house and

0:29.9

things like that. But my main question is, what is the best way for somebody like me? I have no

0:35.9

retirement. I have no savings. I have nothing for the future. I'm 32.

0:41.3

You got to make more money, brother. Like, you're not making, you're not making 40 grand. What do you do for a living?

0:50.8

I'm a cemetery maintenance manager. Okay. And, you know, I work 40 hours a week or whatever, but I, I'm, uh, I'm a cemetery maintenance manager. Okay. Um, and, you know, work 40 hours a week or

0:57.0

whatever, but I, I started my own business this year, uh, landscaping and stuff.

1:01.5

Mm-hmm. What's that bringing in? It's gone, it's gone pretty well. I brought in right at like

1:07.5

18,000 this first year. Okay. Um, but I've also spent every single dollar getting new better equipment, just, you know,

1:15.3

stuff like that.

1:16.1

So you invested it all back in?

1:17.9

You didn't.

1:19.0

Yeah.

1:19.3

And next year, I'm actually in a good spot to, I think, actually make a profit.

1:23.5

But I haven't paid myself out of that business.

1:26.1

And I feel like I'm just killing

1:27.9

myself trying to juggle everything and then not getting anywhere on top. Well, let me,

1:34.4

let me bust in here. Tell me, tell me a little bit more about your financial snapshot,

1:40.2

because we know that you're making the 40,000. I'm not going to lie to you. It's going to be

...

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